Oil ETF Investors Can Pump Another Option
United States Commodity funds, the ETF sponsor best known for its United States Oil Fund (USO: Quote, Profile, Advanced Chart, News) and United States Natural Gas Fund (UNG: Quote, Profile, Advanced Chart, News), today launched another fund to track Brent oil prices. The new fund, the United States Brent Oil Fund (BNO), will track the [...]
ProShares’ Reverse Split Breathes Life into 9 ETFs
It is no secret on Wall Street that leveraged and short funds eventually go to $0, but ProShares hopes a reverse split can bring nine of its funds back from the dead. ProShares will enact a reverse split after the closing bell on April 14, hoping to breathe some life into nine plummeting funds. The [...]
Drilling for Seasonal Profits with Oil ETFs
Oil stocks have a reputation for generating immense profits in a few short months each year. With February trading now underway, oil stocks have a four month window of quick returns. Oil services stocks rev up during the period of January 31 to May 9, a trend that has proven profitable 17 out of the [...]
New CTFC Proposals Dim Energy ETFs with Regulations
Following record high energy prices in 2008, the CTFC has proposed new regulations which would seek to curb the total outstanding positions held by commodity ETFs. The regulations, known as the Proposed Position Limit Rule, would restrict ETF ownership of four energy commodities, including natural gas, crude oil, heating oil, and gasoline blendstock. The rule [...]
New ETF Taps into China’s Energy
Capitalizing on high energy demand in China, Global X Management launched the Global X China Energy ETF (CHIE) on Wednesday. The fund is the first to tap into the strength of energy and utility companies inside mainland China. The fund will seek to replicate the returns of the S-BOX China Energy Index. The underlying index [...]
United Natural Gas Fund Uncovers New Investment Frontiers
New regulations placed on the size of institutional investments in commodities have forced many commodity funds to shrink or close their doors. United Natural Gas Fund (UNG: Quote, Profile, Advanced Chart, News), however, is seeking to court new regulations by finding new natural gas derivative investments to back its $4 billion fund. The new possible [...]
Not All Clean ETFs are Created Equal
The popular misconception that classifies clean energy and clean fuel as equivalent investments is costing investors profits. While clean energy and clean fuel funds are often discussed interchangeably, each type features its own set of unique characteristics. In order to prosper, clean energy companies require a natural gas price high enough that their customers have [...]
ETCs’ Future is in the Hands of CFTC’s Investigations
The Commodity Futures Trading Commission is beginning an investigation to determine if exchange-traded commodity funds are manipulating the US commodities market. Various hearings will be held to decide future legislation, including whether ETFs should be limited in their access to the commodity markets. Gary Gensler, chairman of the CFTC, indicated that the first hearing would [...]
ETFs Give Personal Investors the Joy of Hedging
Exchange-traded funds may change the way we live, but they may also change the way we budget. The largest corporations use the futures markets to hedge their own businesses, and now the average person has the same power with ETFs. The United States Gasoline Fund (UGA: Quote, Profile, Advance Chart, News) is the only fund [...]
Eight State Street ETFs to Be Rebalanced on S&P Procedural Change
State Street Global Advisors will rebalance eight of its most popularly traded Standard and Poor’s based funds to comply with new procedural changes. The funds will be rebalanced based on equal weighting from the closing price on June 12. The revised portfolios will be completed by June 19, according to the press release. The following [...]
